Alimentation Couche-Tard (ATD) Set to Announce Earnings on Monday

Alimentation Couche-Tard (TSE:ATD - Get Free Report) will announce its earnings results after the market closes on Monday, November 25th. Analysts expect the company to announce earnings of C$1.03 per share for the quarter.

Alimentation Couche-Tard (TSE:ATD - Get Free Report) last released its earnings results on Wednesday, September 4th. The company reported C$1.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C$1.11 by C$0.02. The business had revenue of C$24.99 billion during the quarter, compared to the consensus estimate of C$24.73 billion. Alimentation Couche-Tard had a return on equity of 19.72% and a net margin of 3.73%.

Alimentation Couche-Tard Price Performance

TSE:ATD traded down C$1.01 during trading hours on Monday, hitting C$78.36. 2,882,854 shares of the company's stock traded hands, compared to its average volume of 1,480,564. The firm has a market cap of C$74.28 billion, a P/E ratio of 20.25, a P/E/G ratio of 1.35 and a beta of 0.89. Alimentation Couche-Tard has a 52 week low of C$71.31 and a 52 week high of C$87.27. The business's fifty day simple moving average is C$74.94 and its two-hundred day simple moving average is C$77.58. The company has a quick ratio of 0.88, a current ratio of 1.00 and a debt-to-equity ratio of 102.11.

Alimentation Couche-Tard Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were given a dividend of $0.175 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a $0.70 dividend on an annualized basis and a yield of 0.89%. Alimentation Couche-Tard's payout ratio is 18.09%.

Analysts Set New Price Targets

ATD has been the topic of several research reports. Royal Bank of Canada cut their price objective on Alimentation Couche-Tard from C$96.00 to C$94.00 in a research report on Thursday, September 5th. National Bankshares lowered their price objective on Alimentation Couche-Tard from C$86.00 to C$85.00 in a research report on Friday, September 6th. Stifel Nicolaus upped their price objective on Alimentation Couche-Tard from C$86.00 to C$88.00 in a research report on Friday, September 6th. CIBC cut their target price on shares of Alimentation Couche-Tard from C$89.00 to C$88.00 in a research report on Friday, September 6th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Alimentation Couche-Tard from C$83.00 to C$87.00 in a research report on Thursday, September 19th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of C$88.17.

Alimentation Couche-Tard Company Profile

Alimentation Couche-Tard Inc operates and licenses convenience stores in North America, Europe, and Asia. Its convenience stores sell tobacco products and alternative tobacco products, grocery items, candies and snacks, beer, wine, beverages, and fresh food offerings; road transportation fuels and electric vehicle charging solutions; and aviation fuels, as well as energy for stationary engines.